Archive for the ‘Misc’ Category

Meet Your Co-Founder

Thursday, January 21st, 2010

How can any of us forget Gary Vaynerchuk, (TWiST 24) and the “Get Off The Bitch Train” comment, this moment made an impression on JT Keller, the caller that night.  He decided he would do just that and get started with his startup.  However, like many he has a great idea but faces one big problem he is not a developer.  Through StartupRecap he was able to make contact with the community and has found a developer for his startup (a branding platform).

This problem got him thinking “I found it extremely interesting and pertinent that Joe Essenfeld of Localbacon, (a TechCrunch50 finalist) found his co-founder via TWiST.  I thought to myself, “If only there were a job board specifically made for startup founders that leveraged the TWiST and Jason Nation community.” – thus the genesis of the TWiST Startup Effect.”

The TWiST Startup Effect’s mission is to unite founders and co-founders in addition to very early stage team members (roughly your first 3 employees).  Although the site’s primary focus is on technology and web-based startups, I encourage founders from other industries to utilize the site as well.  The TWiST Startup Effect is meant to be simple yet effective.


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TWiST, Comes To The Rescue

Wednesday, January 20th, 2010

Jordan Punchinger, Founder and CEO of SilverJax, received some good news the other day, he won his court case against an unsatisfied customer.  For those of you who don’t remember Jordan he called in during TWiST 31 seeking advice on how to deal with legal issues.  Jason and Jack Andrys suggested it is best to take the highroad, deal with the small claims hearing and move on.

Jordan in the most basic sense did just that; he asked for court documents and started compiling all the paperwork and documents relating to this client.  Important to his case were all contracts, emails, bank statements, invoices, and server time stamps.  He searched the internet, contacted friends and multiple attorneys for advice.  A great deal of time was spent going over the paperwork, looking for discrepancies, errors and blatant tampering of evidence, not to his surprise he found all of the above.

Next was his day in court, knowing he had nothing to hide and had done his homework, provided an ease of mind and a calm approach.  Knowing that the plaintiff was a hot head worked to his benefit, he never let himself get worked up, he stayed calm cool and collected, presented his case and won.  If you are interested in a very detailed course of events check out Jordan’s blog.

I contacted Jordan to get some insight into the course of events after his call:

You hang up the phone with Jason now what?

Being given advice from a successful entrepreneur such as Jason or Jack is always reassuring. They provided me with a sense & idea that by taking the high road with my cards in order that things will be fine. Ultimately left with a sense of assurance that being the bigger will prevail. Exactly the case.

What is your state of mind before and after the hearing?

Immediately after the call, the assurance from Jason & Jack obviously felt great.  However fighting the mental demons of something potentially not working to plan is heavy.  After the conclusion yesterday, yes.  Wow, I cannot express the weight that has been lifted off and the greater sense of accomplishment. Taking the higher ground and not breaking down to their pathetic bate as suggested by Jason definitely left me with a greatest feeling.

Did the call help solidify a plan of action?

Most definitely, I’m in most instances an inch for inch guy, I’ll bite if I’m bitten. In this case I took the high road, sat back let him dish out the incorrect statements & carried through with a higher sense of pride & respect than I may have not being given the advice.

What happened in small claims court, can you describe the events? This took place in Canada correct, is Canadian small claims court any different than ours, if you are familiar with our process.

It did occur in Canada – correct. Canadian Small Claims & US Small Claims are in essence very similar. However, there are jurisdictional differences between province-to-province, and state-to-state. Biggest difference primarily is that Canadian Small Claims goes all the way up to $25,000.00 whereas most commonly in the United States it’s only $5,000.00.

I kept my cool, the plaintiff gave many reasons & almost taunted me to argue and fight back with him. Being 20 years old, having just a small company and no representation it was at the very least intimidating at first going against a multi-million dollar company with their lawyer. But at the end of it all I took again, the higher road and kept my cool. I brought all evidence with me that I possibly could & refused to take their bate. With this being said, I stood my ground and would not allow the plaintiff to strong arm me – in defense when a false statement was made and I had an argument, yes I corrected him with my knowledge of the situation but I never fought back.

There were multiple false pieces of evidence and numerous different ways they, in lack of better words, “skipped around” what would have been legitimate evidence.

What was the result of the court ruling? Did the other guy have to pay any damages over dragging your name in the mud in the papers?

All claims were dropped in lieu of the evidence I was able to legitimately provide right there. Having said this it took a lot of hours to put all the pieces together, but it was worth it. In terms of financial loses or gains I’d rather not comment.  However, I will tell you that part of the negotiated agreement I made with the plaintiff was that he must publish an article in all publications he posted previously claiming his apologies and that all claims have been dropped.

Did the paper do a follow-up with you to set things straight?

Interesting you should ask, no. Quite the opposite really. A few weeks back I went to do some marketing/advertising in the publications that posted the article and was actually refused due to the situation that had taken place. So, rather than ask my side on what happened, the outcome etc they’ve banned me from using their services. Given the print media industry is collecting every nickel and dime they can, I found it interesting they’d turn down my money.

Have you changed the way you communicate with new clients in lieu of this situation?

Absolutely. In fact I’ve rewritten & created new agreements & contracts that must be signed prior to me even accepting a check from the client. I want the process to be as painless & easy as possible; however, I’m not in business to end up in court with every client who’s bored and has a few extra bucks to spend on a law suit.

Any advice for TWiST listeners?

If you run a company, cover your assets with agreements that are of benefit to both parties. The contracts can’t just be one sided, but make sure you’re covering yourself.  If you do end up in a similar situation, get every bit of evidence you can, all written e-mails, agreements you name it and use a magnifying glass.  If you’ve done your due diligence you will be fine.  In addition, if you’re in mediation or court & representing yourself – stay cool, let the other party speak first & be prepared to answer everything, honestly. With that being said, take the high road & be the bigger man – you’ll come out ahead no matter the end result.

For clarification this was not a case against SilverJax, it was a prior company.

Lessons learned: take the highroad, be truthful, don’t tamper with evidence and do your homework

Does anyone have any additional advice on how to protect oneself against situations like these, if so please comment?

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TWiST 2009 Highlights

Tuesday, January 12th, 2010

Superfan, Anna Johnson created an amazing highlight video for This Week in Startups; she took the time to edit out her favorite part of each show and compiled them into an amazing video.  While watching, it made me realize how great each and every guest has been and how their contributions to the startup community are invaluable.

I can definitely say it is worth watching.

A little bit about Anna Johnson, she is the co-founder of internet marketing company Kikabink, which, apart from providing Internet marketing services, manages a portfolio of niche websites, and runs the Domainer Income a platform for domain name investors (a.k.a domainers).  Anna also publishes a daily Internet marketing blog and newsletter, Kikabink News.  If you’re hungry for Internet marketing news, commentary and tips, visit Kikabink News.  You can also follow Anna on Twitter at @AnnaJohnson.

This is a great example of how to get someones attention, Anna showed great interest in Jason’s show and you can tell it was a labor of love.

Let’s recap the best ways to get noticed in 2009 by TWiST:

2010 is off to a good start, let’s see what the rest of the year holds.

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TWiST More Impact Than FOX Business

Tuesday, January 5th, 2010

Gary Vaynerchuk, Founder of VaynerMedia

Gary Vaynerchuk (Founder of WineLibrary, VaynerMedia and many more) recently did an interview with SitePoint’s, Patrick O’Keefe and gave “This Week in Startups” a glowing endorsement.  Patrick asks Gary “what interview did you do going in and thought was well, I don’t know, but when it came out it was a big deal?”, here take a listen to Gary’s response.

Jason’s Apple Fanboy Rant

Wednesday, August 26th, 2009

Well it looks like Jason’s rant about Apple Fanboys (and girls) has been lighting up the internet like crazy!  In case you didn’t already see it, here’s the full version of his rant – check it out to see just what’s wrong with blindly supporting Apple.

How Do We Produce TWiST?

Friday, May 8th, 2009

We’ve been getting quite a few questions already about the equipment that we use to produce This Week in Startups, so by popular demand,here it is:

The Studio:

We shoot live each week from Mahalo Studios – our own studio that we built inside the Mahalo offices

(more details about all of our gear after the jump…)

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